Costco Wholesale Corp
Stock futures are flat after Nasdaq notches record close above 20,000: Live updates
A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on November 26, 2024, in New York City. Timothy A. Clary | Afp | Getty Images U.S. stock futures were little changed Wednesday night after the tech-heavy Nasdaq Composite finished above the 20,000 level for the first time. […]
Read MoreAnalysts have hiked price targets on these 5 stocks ahead of earnings next month
Analysts have hiked price targets on these 5 stocks ahead of earnings next month A large number of Wall Street analysts have turned bullish on five stocks ahead of their quarterly earnings reports. The U.S.-listed stocks are Costco , Amazon , Robinhood , Deckers Outdoors and Synchrony Financial . CNBC Pro screened for Buy-rated stocks […]
Read MoreAlbertsons sues Kroger after judge rules against grocery merger
Traders work as screens display the trading information for Kroger Co. and Albertsons Companies Inc. on the floor of the New York Stock Exchange, Oct. 14, 2022. Brendan McDermid | Reuters Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its […]
Read MoreNext week’s inflation data could derail a market that’s priced for perfection
Next week’s inflation data could derail a market that appears to be priced for perfection, ahead of the Federal Reserve’s meeting later this month. The November consumer price index set to release Wednesday is expected to show an increase of 0.2% and 2.6% month on month and year over year, respectively, according to FactSet. If […]
Read MoreStocks making the biggest moves midday: Advance Auto Parts, Robinhood, chip equipment makers and more
Check out the companies making headlines in midday trading: Chip equipment stocks — Global chip equipment stocks rose on news that the Biden administration is considering further sanctions on sales of semiconductor equipment and artificial intelligence memory chips to China that could be less strict than earlier proposals. Shares of U.S.-based companies Applied Materials and […]
Read MoreStocks making the biggest moves premarket: MicroStrategy, Applied Materials, Robinhood and more
Check out the companies making headlines before the bell. MicroStrategy – Shares of the bitcoin development company jumped more than 5%, extending the roughly 10% gain seen in the previous session, after the price of the cryptocurrency continued to climb. The stock has seen massive gains this year, surging more than 515%. Chip equipment stocks […]
Read MoreJim Cramer wants to buy this falling tech stock — and touts another reason to like Disney
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. 1. Stocks were in the red Wednesday, led to the downside by the Nasdaq Composite. The tech-heavy index was weighed down by Nvidia slipping 2% ahead of its earnings after […]
Read MorePeloton partners with Costco to sell Bike+ as it looks to reach young, wealthy customers
Peloton’s stationary bikes will soon sell at Costco’s stores and on its website as the beleaguered fitness company looks for new ways to reach younger and affluent customers, Peloton is set to announce Tuesday. Under the terms of the deal, Costco will offer Peloton’s Bike+ in 300 of its U.S. stores for $1,999, and on […]
Read MoreWalmart-owned Sam’s Club tests a future without checkout lines
Sam’s Club is opening a store in the Dallas area that will require customers to go all digital. Shoppers will use a smartphone app to scan and pay for their own purchases rather than standing in a checkout lane. Sam’s Club GRAPEVINE, Texas — When shoppers walk into Sam’s Club’s newest store, they’ll soon see […]
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